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[SMM lead Battery column] the supply of lead ingots in circulation in the market is relatively small, and the downstream has gradually turned to factory shipments or recycled lead.
Apr 27,2020 13:07CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

Price of SMM lead products on April 27th

April 27 SMM domestic well-known recycled lead enterprises waste battery purchase quotation

April 27 SMM lead Market Trends

Shanghai market Jinsha lead 1458514605 yuan / ton, Shanghai lead 2005 contract up 380400 yuan / ton quotation. Boosted by the collection and storage news, strong rise in lead prices, coupled with a small supply of goods in circulation in the market, some still maintain high water prices, while downstream procurement is cautious, gradually turning to factory sources or recycled lead, bulk single market transactions are few.

South China lead in Guangdong market is 14305 yuan / ton, the average price of SMM1# lead is 80 yuan / ton. Henan Yuguang, Wanyang and other smelters give priority to cross-length orders, Jinli 14325 yuan / ton, SMM1# lead average price up 100yuan / ton, Jiang copper 14375 yuan / ton, SMM1# lead average price up 150yuan / ton; with the lead price rising, the smelter scattered single began to flow out, but still maintained high water, today the market primary lead procurement to dilute, downstream inquiry recycled lead more.

Yunnan storage news stimulated Shanghai lead strong, but Wansi pass is still strong suppression, waste battery quotation moderately increased, recycled lead transaction price strengthened with lead price, the overall trading is general.

Battery terminal consumption of electric bicycles is low, while some brands increase the promotion of batteries, dealers buy up or down, the main model 48v20Ah reported to 380-410 yuan / group.

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